David Cheng

Investment Director

David-Cheng

David Cheng

Investment Director

David is an Investment Director in the Multi-Strategy Private Equity business, and is responsible for deal origination, diligence, execution and ongoing portfolio company management. He has a Bachelor of Commerce and a Bachelor of Law from the University of Sydney. He is fluent in Cantonese and Mandarin.

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Hive and Wellness Group

(Unrealised)

Investment Year

EXIT YEAR

Description

The Local Broadband Network Company (LBNCo) is an installer and owner of superfast broadband networks in residential developments. LBNCo is engaged by property developers to install and maintain the fibre infrastructure, and sells ‘wholesale’ network acces to the retail service providers who then provide services to the tenants. LBNCo is now part of Uniti Group (ASX: UWL) following its acquisition in August 2019.

Stone Axe Pastoral

(Unrealised) 

Investment Year

Description

Stone Axe is a producer of ultra-premium wagyu beef. The company has operations in NSW, QLD, WA and Victoria and is actively growing its herd via large scale embryto transfer program. Stone Axe has rapidly grown to become on of the largest fool blood wagyu producers in the world.